Keystone Pipeline: "Just Say No" Could Mean $7 A Gallon At The Gas Pumphttp://www.businessinsider.com/keystone-pipeline-just-say-no-could-mean-7-a-gallon-at-the-gas-pump-guest-post-2011-4/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 31 Mar 2015 18:31:13 -0400Bob van der Valkhttp://www.businessinsider.com/c/4da7262fcadcbbf3300a0000JmogsThu, 14 Apr 2011 12:51:59 -0400http://www.businessinsider.com/c/4da7262fcadcbbf3300a0000
Uhhh, the author makes some odd and incorrect statements. Keystone XL not deliver oil to Illinois refineries. The first Keystone pipeline is already up and running and doing this. Keystone XL will send oil to the Gulf coast. And where is oil coming from Canada by truck and rail?
We already get a couple million barrels of oil per day from Canada. That won't change. But the Department of Energy has questioned the need for this pipeline. And the concerns of people in Nebraska over the threat to the already overtaxed Ogallalla aquifer (source of drinking water for millions and central to the needs of agriculture in the USA) were shown to be reasonable by the EPA who gave this project its lowest possible rating.
If anyone is looking at oil price impacts, it is the Canadian oil producers who want to end the discount they have to give to move their product to Oklahoma. If this pipeline goes through its builders note that it will increase the price of oil payed by American refiners, likely resulting in a minimum 7 cent/gallon increase at the pump for most of the middle of the country. That isn't the wild speculation of this piece's author---that is the claim of the oil industry.http://www.businessinsider.com/c/4da29d5e4bd7c84d212d0000JerryMon, 11 Apr 2011 02:19:10 -0400http://www.businessinsider.com/c/4da29d5e4bd7c84d212d0000
Take another puffhttp://www.businessinsider.com/c/4d9c91a94bd7c8f35c010000Bill BurleighWed, 06 Apr 2011 12:15:37 -0400http://www.businessinsider.com/c/4d9c91a94bd7c8f35c010000
"None of the states involved have put up major objections."
Tell that to the people in Nebraska.http://www.businessinsider.com/c/4d9b6c4a49e2ae4c741d0000Ford PrefectTue, 05 Apr 2011 15:23:54 -0400http://www.businessinsider.com/c/4d9b6c4a49e2ae4c741d0000
Importing oil from Canada is bad public policy across the board.
Instead, we should increase imports from Saudi Arabia, Nigeria, Venezuela, and Russia. Those countries all have far better human rights and environmental policies that are more aligned with US interests than Canada does. Besides, shipping oil by tanker across the ocean is far safer than shipping it by pipeline on land.
To put icing on the cake, dollars spent in those countries buying oil are far more likely to get recycled back into the US economy than anything spent in Canada. If we can cut the Canadian imports into the US enough, then we can even get the added benefit of getting illegal immigrants from Canada (like we get from Mexico) desperate for work so that they will cut our lawns (or snow blow our driveways) for almost nothing.